New energy in nuclear power supply battle
Join the discussion below, or Read more at Chicago Tribune.
#1 Jan 6, 2008
The numbers published by Moodys are difficult to accept and fail to take into account the possibility that demand for large forgings will bring new suppliers to the market.
#2 Jan 6, 2008
Again, it's about time 40 years ago.
Why wait till the lights go out ?
#3 Jan 6, 2008
Another supplier may attempt to assemble the materials, equipment, and personnel to become a competitor in the forging of reactor vessels and heads but are you willing to sign up as their first or second customer? Or are you going to get in line at Japan Steel and know you will receive a unit that meets the quality required and can deliver on the date promised? IF you wanted to expedite building your plant and a new forge came on line you would almost have to place orders with both the new guy AND with Japan Steel. If the new guy was successful you could sell your slot in the Japan Steel which of course would have a falling value since you helped bring a competitor online. Going to make for some interesting financial risk analysis by people who know a lot more about money than I do.
Timing could have been better however at least the construction looks to be starting back up before we start seeing large numbers of existing plants hit EOL and start decommissioning.
#4 Jan 6, 2008
In 1968 the US nuclear power industry made electricity that otherwise would have required 3 million tonnes of oil, says BP. In 1973, 19.9 million tonnes; last year, 187 million tonnes.
That meant it was beginning heavily to cut into American governments' petroleum tax revenues, and to do so at a time when oil prices were rising, promising delicious accompanying rises in the tax rates.
It is not, I think, coincidental that that is when nuclear energy began to have political trouble, and many reactors were cancelled. As those troubles continued, any plant-wrecking accident, no matter how harmless, would be seized upon by petrodollar-crazed governments, and so Three Mile Island was.
That, I think, is straighter than Boak's "construction stalled in 1979" version. It had actually stalled four or five years earlier, presumably not as a result of TMI.
Because of that governmental conflict of interest it is better remembered than a much more serious wind turbine accident in Oregon, even though the latter accident occurred in August of last year.
#5 Jan 7, 2008
deaths in Britain from nuclear power:-
deaths from mining, and use of coal as a fuel :
probably millions. 52 in my village in a day, once.
3000 a day during the last smog in London.
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